5G Market Share, Opprtunity, Trends, Value and Growth Analysis 2025

5G Market Forecast to 2025 – Global Analysis – by Networking Infrastructure (Small Cell, Macro Cell, and Others) and Industry Vertical (Smart Automotive, Healthcare, Smart Transportation & Logistics, Consumer Electronics, Industry Automation, Building & Home Automation, and Others)

  • Report Code : TIPTE100000387
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • No. of Pages : 160
Buy Now

The 5G market is expected to grow from US$ 2.56 billion in 2020 to US$ 23.95 billion by 2025 at a CAGR of 56.39% between 2020 and 2025.

5G is employed in three sorts of connected services: enhanced mobile broadband, mission-critical communications, and enormous Internet of Things. Forward compatibility is a feature of 5G technology, which means it may be used with a wide range of devices, including smartphones, laptops, security systems, and more. It also has the flexibility to handle future services that call for greater internet speeds and ultra-low latency. 5G mobile technology can usher in new immersive experiences such as VR and AR with faster, more consistent data rates, lower latency, and cheaper cost-per-bit, in addition to making smartphones better. With ultra-reliable, accessible, low-latency networks, 5G can enable new services that can alter sectors, such as remote control of key infrastructure, automobiles, and medical operations. Further, higher data rates are projected to be demanded as the demand for edge computing grows along with the amount of data generated by IoT devices. Thus, increasing penetration of IoT technology is contributing toward the growth of the 5G market.

The global 5G market is anticipated to exhibit high growth in near future. Some of the major driving factors contributing to the market growth includes growing need for an energy-efficient communications network infrastructure. Also, rising demands for network splicing on the functional aspects of the infrastructure to achieve network efficiency is expected to significantly drive the 5G industry. According to Qualcomm, 5G has been deployed in more than 60 countries worldwide and is continuing to grow. As per the company, the penetration and adoption rate of 5G is much faster as compared with 4G. The increase in awareness related to the benefits of 5G is catalyzing the adoption of the technology, which is ultimately boosting the 5G market. Also, according to Qualcomm, globally an amount of US$ 265 billion is expected to be invested in 5G industry over the next 15 years. Owing to the massive upcoming investment, the market growth is foreseen to be promising.

Customize Research To Suit Your Requirement

We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.

5G Market: Strategic Insights

5G Market

  • CAGR (2020 - 2025)
    56.39%
  • Market Size 2020
    US$ 2.56 Billion
  • Market Size 2025
    US$ 23.95 Billion

Market Dynamics

GROWTH DRIVERS
  • XXXXXXX
  • XXXXXXX
  • XXXXXXX
FUTURE TRENDS
  • XXXXXXX
  • XXXXXXX
  • XXXXXXX
OPPORTUNITIES
  • XXXXXXX
  • XXXXXXX
  • XXXXXXX

Key Players

  • T-Mobile USA, Inc.
  • Cisco Systems, Inc.
  • AT&T, Inc.
  • Qualcomm, Inc.
  • Ericsson
  • Huawei Technologies Co. Ltd.
  • Verizon Communications, Inc.
  • Nokia Networks
  • Telefonica S.A.

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Networking Infrastructure
  • Small Cell
  • Macro Cell
  • Others
Industry Vertical
  • Smart Automotive
  • Healthcare
  • Smart Transportation & Logistics
  • Consumer Electronics
  • Industry Automation
  • Building & Home Automation
  • Others
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

5G Market Insights

Encouraging Government Support and Investments in Developing Economies Worldwide

Several economically developing countries are emphasizing enhancement of the country’s internet connectivity. Owing to this, the investments toward 5G technology is growing continuously, which is catalyzing the 5G market in the countries. For instance, Saudi Arabian government has increased its focus on the development of 5G technology to achieve the country's VISION 2030 goal of being a leading economy. Leading telecom companies such as Ooredoo (Qatar) and Etisalat Group (UAE) are taking various steps to advance 5G technology in their respective nations. Moreover, the Mexican government is working on a project called Red Compartida to improve connection across the country. The goal of this project is to develop a 5G-ready network in Mexico utilizing LTE technology. Moreover, countries such as Argentina, Chile, and Columbia have taken steps to invest in 5G technology through agreements with major telecommunications companies such as Nokia and Huawei Telecommunications. Thus, the aforementioned factors have contributed toward the growth of the 5G market. Further, India is on the verge of rolling out its 5G network, according to the Indian government. The technology in India is in its final development stage, and the government hopes to witness a massive adoption rate over the next 5 years. This would significantly boost the 5G market in the country. China and Japan are among the key countries in the Asian 5G market, while India is expected to emerge out as one of the most promising countries in the 5G market.

Industry Vertical-Based Market Insights

Building & home automation is the leading vertical in the market. Investments in smart city technology are expected to reach US$ 135 billion by 2021, according to IDC. 5G technologies are predicted to serve as the foundation for small cell networks that will drive the next generation of wireless infrastructure within a smart city, presenting a profitable opportunity for the 5G technology market over the forecast period.

5G Market Report Scope

Report Attribute Details
Market size in 2020 US$ 2.56 Billion
Market Size by 2025 US$ 23.95 Billion
Global CAGR (2020 - 2025) 56.39%
Historical Data 2018-2019
Forecast period 2021-2025
Segments Covered By Networking Infrastructure
  • Small Cell
  • Macro Cell
  • Others
By Industry Vertical
  • Smart Automotive
  • Healthcare
  • Smart Transportation & Logistics
  • Consumer Electronics
  • Industry Automation
  • Building & Home Automation
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • T-Mobile USA, Inc.
  • Cisco Systems, Inc.
  • AT&T, Inc.
  • Qualcomm, Inc.
  • Ericsson
  • Huawei Technologies Co. Ltd.
  • Verizon Communications, Inc.
  • Nokia Networks
  • Telefonica S.A.
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

    Players operating in the 5G market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

    • In 2018, AT&T Signed an agreement with Crown Castle International Corp. for expanding and simplifying their continuing leasing agreement for wireless network infrastructure. This leasing operations and management are modernized for improving the flexibility and efficiency by deploying new technologies and increase network capacity.
    • In 2018, Cisco announced its collaboration with Saudi Telecom Company (STC) for developing 5G communications systems and networks in Saudi Arabia. Under this agreement Cisco will transform the development of the commercial prospective of 5G mobile networks.

    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Networking Infrastructure and Industry Vertical

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

    The List of Companies

    1. T-Mobile USA, Inc.
    2. Cisco Systems, Inc.
    3. AT&T, Inc.
    4. Qualcomm, Inc.
    5. Ericsson
    6. Huawei Technologies Co. Ltd.
    7. Verizon Communications, Inc.
    8. Nokia Networks
    9. Telefonica S.A.
    10. Orange S.A.

    The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

    1. Data Collection and Secondary Research:

    As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

    Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

    1. Primary Research:

    The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

    For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

    A typical research interview fulfils the following functions:

    • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
    • Validates and strengthens in-house secondary research findings
    • Develops the analysis team’s expertise and market understanding

    Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

    • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
    • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

    Below is the breakup of our primary respondents by company, designation, and region:

    Research Methodology

    Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

    1. Data Analysis:

    Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

    • 3.1 Macro-Economic Factor Analysis:

    We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

    • 3.2 Country Level Data:

    Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

    • 3.3 Company Profile:

    The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

    • 3.4 Developing Base Number:

    Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

    1. Data Triangulation and Final Review:

    The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

    We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

    We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

    Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

    Trends and growth analysis reports related to 5G Market